Making money from Retailing

[Carpon]

Retailers are like middle men that link the producer or wholesalers of a commodity with the final consumers or the final users. As a retailer there are ways you can earn and make money.

As a retailer, when you go to buy goods and commodities from the producer or wholesalers, you usually get discounts or should I say, you are given in excess of the amount you have paid for the purchase and that extra amount added is yours to keep and it therefore becomes your profit. When you make a lot of Sales, you will discover that you make a lot from this business.

Moreso, retailers are allowed to add to the amount and prices of their purchased and to - be - sold commodities so as to also gain from the activity they are carrying out. Such small amounts they add will also sum up to some good amount and this makes retailing a way of making money.

 

[Ithedicious]

If you are looking at all the stage of Market Circle from the production to the end consumer , you will come to find out that the retailers are the leasts and because of this position in the market circle it is very much difficult for them to have a huge influence in the price of commodities or services.

The wholesalers and the producers are the people with a very serious influence in the price of a particular commodity or services and because of this they can easily manipulate the markets to their advantage.

The only way I believe retailers can actually make money is by sitting their retailing business in a suitable and high populated location. Without it the possibility of gaining higher number of people to patronize you in different products you are willing to sell will be very high which will definitely increase profits and generate revenue.

 

[Augusta]

A lot of people are retailers as buying In bulk cost a lot more of money so people spend more of their money in the retailing business. As a retailer you can start your business with any little amount you have and you can resdily find any place to buy because you wouldn't need must process to start as a producer or a wholesaler.

Looking at it making more money is very possible with retsilers than wholesaling. From experience selling in bulk nets one very little pay as profit the only way you can measure up is if you are doing wuivk sales so that your profit comes from the numbers of people buying but if not you would not make good profit

Another advantage of retailing is that you would be able to be in contact with customers than with wholesaling you be able to know what they customers need to supply them for more money.